IT Stocks Rally as Bernstein Forecasts Strong Recovery, Picks Infosys, Coforge, and Persistent

IT stocks surged on May 23 after brokerage Bernstein predicted a sharp recovery in the sector, driven by stable demand and rising deal activity. Infosys was favored among large-caps, while Coforge and Persistent Systems were top picks in the mid-cap space. Bernstein expects improved earnings this fiscal and stronger revenue by FY2027, with AI adoption and robust financial segment performance fueling momentum. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor